Ursula gave an in person interview at the NY Fed this summer while I was interning there. She was fantastic. Honestly, she's one of the first people that I would volunteer on a political campaign for.

I think last time I saw a Xerox product was about 2009, around the time she became the CEO.

They are still in the printer and scanner business. $10B of revenue last year.

Printing is not cheap. I haven't seen business costs associated with printing since probably 15 years ago, so this is out of date. We used to lease most of our equipment from the same company that did our supplies and repairs, they'd also upgrade us on a regular basis.

When I last saw the numbers, our lease was right about the $12,000 a month mark. At the time, that was something I noticed because it was more than I made per month - and I owned the company.

I suspect the prices haven't gone down much. Granted, we printed a lot - but I suspect Xerox is going to be around for quite a while longer.

$11B in 2015, like most in the industry hardware sales have been declining for some time.

My understanding from friends who worked there is that Xerox wants to sell services, not products, or to paraphrase: be the leader in the servicing industry. It sounded mostly like having processes to externalise anything.

She is one of "eKsetera" people (as opposing to the ones who pay enough attention to detail to pronounce "et cetera" right).

01:13, 03:18, 03:37, 14:30, ...

https://charlierose.com/videos/29786

> pronounce "et cetera" right

No one pronounces it "right", almost everyone uses the fake-french pronunciation "e cetera" instead of "at ketera" (which is how the latin original would be pronounced)